Oil and Gas; Exploration and Production; Oil Field Services
The upstream portion of our practice focuses on representations including:
- Purchase, sale and financing of producing oil and gas properties and related production facilities, platforms, terminals and gathering systems for domestic and international E&P companies and investors
- Operating agreements, master service agreements, joint ventures, participation agreements, exploration agreements, farm outs and related operational issues
- Debt and equity financing arrangements for E&P companies, investors and lenders including secured borrowing base credit facilities, land bank agreements, partnerships and joint ventures, contribution agreements and offerings
- Procurement of governmental permits, orders and authorizations
- Contracts for drilling, production facility, platform and terminal, facility acquisition, and construction involving platforms, terminals, drilling rigs, caissons, pipelines, and plants, and the financing of such transactions and facilities
- Construction and operation of offshore facilities, platforms, terminals, gathering systems and mobile drilling units
- Mezzanine and asset-backed financings
- Volumetric production payment (VPP) and net profits interest (NPI) financings
- Structuring and documentation involving seismic data on a license and on a proprietary basis
- Complex multi-well drilling and participation agreements
- Negotiations for chartering of support vessels overseas
- Arrests and foreclosures of offshore drilling rigs